Elon Musk’s Neuralink Funding, Nvidia’s Strategy And Warren Buffett’s AI Play: This Week In Artificial Intelligence

Explore the world of AI and the revolution it’s bringing to industries like finance. This week saw several newsworthy developments in the realm of artificial intelligence (AI), from smart investments to brain chip trials to flurry of funding round.

Morgan Stanley scooped up headlines with its argument that AI would be a key investment trend over the next ten years — a theory with evidence hinting against a bubble. Meanwhile, Elon Musk’s Neuralink Brain-chip Co. made one of the most five largest deals of the week when it secured a total of $280M in Series D.

Furthering this trend, the Lucidworks study reveals that generally, 93% of organizations. plan to increase their global expenditure on generative AI in the forthcoming year — and more tech corporations are setting the pace with their investments in research and development.

Leading chipmaker, Nvidia Corp, appears to be two steps ahead of the competition, introducing CoreWeave’s GPU-focused cloud service to set itself apart and challenge the Cloud marketplace’s established giants like MSFT and AMZN. Jimmy Buffett has also bet big — taking almost half of BRK.B conglomerate’s portfolio for AI, taking his previous behaviour cue from other renowned investors in the tech industry, with more attention on rising stocks with invaluable influence on the market.

Witness the effects of AI on real-time progress by following Benzinga’s AI coverage on their content page.

Robert Wilson author
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